CARROLTON, Texas--Valwood Park Federal Credit Union here is once again under the control and direction of its members, the National Credit Union Administration announced.
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RALEIGH, N.C. – The North Carolina House of Representatives Wednesday passed House Bill 187, a measure intended to expand financial service options in areas facing severe bank branch closures, the Carolinas CU League reported, noting it supports the legislation.
SPOKANE VALLEY, Wash.—The $5-billion Numerica Credit Union is laying off 25 employees, or 3.5% of its workforce, as part of internal structuring, the CU announced.
WASHINGTON — Mortgage applications decreased 2.0% from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending March 21, 2025.
WASHINGTON—The Defense Credit Union Council, in a letter to Treasury Secretary Scott Bessent, is asking the department for an update on its commitment to providing recommendations regarding the Community Development Financial Institutions (CDFI) Fund Executive Order to the White House.
WASHINGTON—As part of the ongoing credit union efforts to engage with the Administration on the future of the Community Development Financial Institutions (CDFI) Fund, America’s Credit Unions Chief Advocacy Officer Carrie Hunt and Inclusiv President/CEO Cathie Mahon and other CDFI stakeholder groups met with Office of Management and Budget Associate Director Mark Calabria Tuesday.
WASHINGTON--The data is clear: Credit unions of all sizes are dedicated to Main Street, making a positive impact on households in ways that big and community banks do not, America's Credit Unions reported.
WASHINGTON – Treasury Secretary Scott Bessent Tuesday convened a meeting with the so-called "Big 6" group at the U.S. Department of Treasury during which attendees discussed the importance of permanently extending the Trump tax cuts to prevent the largest tax hike in history on American workers, families and small businesses.
WASHINGTON—A new executive order from President Donald Trump bans paper checks as a form of payment for the federal government.
BOCA RATON, Fla.— Unrealized losses on investment securities at banks in the United States rose in the last quarter of 2024 as interest rates rose during the quarter, according to an analysis by a finance professor at Florida Atlantic University.